Quote from: aylabadia05 on Today at 01:33:35 PM

Quote from: Cryptomultiplier on September 17, 2023, 07:34:42 PM

Both banks and crypto are financial engines that makes every monetary implementation and project possible. Why could there possibly be a conflict between both or in this instance classed as opposites?

Government is mostly making a lot of noise about crypto because of some scam projects that have proved unreliable with crashing or freezing of accounts and money laundering activities. All they want is to tax, monitor and control Crypto.
If they succeed, then we would see how both entities would exist in physical proximity and relational services.

I wouldn't want any mention of crypto for Bitcoin. Their business continues to maintain their desire not to use Bitcoin and still thinks that Bitcoin is bad because of money laundering activities or other illegal acts. For me, Bitcoin will have no effect on sustainability until they really realize that Bitcoin is a system that can be a solution in transactions.

We spend too long rhetoric about banks and governments being anti-Bitcoin or those who are pro-crypto which can be controlled by them, which will not provide good benefits for us here because banks are not transparent in managing our funds. They use their savings to make a profit. Bitcoin does not. As for other cryptos, it's up to them.

Well, you're blaming the bank for using your money to make a profit? So I want to ask, do they force you to give them money? Or do you voluntarily and agree to give them the money to get that small profit back? They are just a business, and they need profits to survive, if you know that they are taking advantage of you, stop using their services. Just like when you go shopping, you know the store's prices are very high compared to other stores but you still buy and is it your fault or the store's fault? As for me, I'm still using both in different situations so I don't want to badmouth or compare them.